tv Business - News Deutsche Welle October 28, 2022 6:45pm-7:01pm CEST
6:45 pm
day we'll look at how both candidates are trying to move business mind to voters. and it's not exactly a new face, but a new look, one of the world's oldest currencies. hello, welcome to the show. i'm seeing busy in berlin. the european union has greeted the new owner of twitter with a shot across across the bow, the head of internet regulation theory, baton tweeting that in europe. the bird will fly by our rules. that is self response. the line must suite on completing his acquisition of twitter. the bird is freed, that the eccentric billionaires purchase of one of the world's largest social media sites has stirred passions. as well as questions about his actual business strategy . the twitter drama may be far from over. on friday, ellen musk tweeted the bird is freed. that tweet is open to interpretation. i believe that e e. lon musk. buying twitter and owning twitter will begin to twitter. i've seen
6:46 pm
obviously people commenting whether they're going to continue using it or not, but i haven't really thought about it to be honest. i suppose all, you know, see what, what pens, wiley, among elan mosques, 1st moves a change at the top. yo pirate agrawal and c, f o. net. siegel are being shown the door according to some reports. and that may just be the beginning and wants to build the super ascii wants to add payments. he wants to do more video. he maybe wants to make it like a protocol. he wants say verify users. i mean, he wants to do all these big bang for the same time. he wants to cut 75 percent of all the people that currently work there. i don't think. yeah. the crystal ball honest it's, it's still very, very shiny. right? i really don't. i don't know where we're going to be a 6 months from now. i think there is a chance that that one of the 1st things he'd like to do is bring back everybody that was band are being met, everybody that was controversial. certainly that's part of his ammo. and,
6:47 pm
and that could happen with or without, you know, on musk things change people's opinions, change. all sorts of things happen. whether that's part of policy or not, remains to be seen. will band controversial figures like con, you west and donald trump return to twitter. now that a deal is done, many will be asking just what mosques reference to freeing the bird really means. we should note that must later said that he was just kidding about the claim that he's gonna fire 75 percent or twitter workers. while escondido is with the berlin based collective n g o tacro, tactical tech, excuse me. he joins me for more a while. good to have you on the show. muska says has said that he wants longer tweets and to rely less on advertising. those are some of the concrete ideas he's come out with so far at least made public. what do you make of his plans from how you understand them? well, the, the, you know, the social media companies have presented an opportunity that has effectively been
6:48 pm
effectively being used by people who have interest. so the main idea is that social media companies are not very accountable for the content that they have by government. there's no structure in place. and this, i think in most found this a great opportunity where it's a platform where he gets all the publicity he needs and allows for the ideas that he is a proponent of. and it's just by buying it than he gets this platform. the main issue here is that, how does he keep twitter relevant while still suddenly changing the conversation? and we've seen historically that these platforms have had a problem with which direction they're going. it's not very easy to moderate these platforms. and so that power of swaying at one way or another in his hands and gives him a lot of potential. how he does it is something we'll still see. but we can't
6:49 pm
imagine to see that this idea of freedom of speech is real. everyone has their own idea of what free speech is and he's going to steer towards that direction. now must have said that he wants to make this kind of town square, that's what he wants, which, where he wants to loosen to make it easier to debate. at the same time, he wants it to be profitable. that is accessible to a lot of people do those 2 things work this idea of opening it up, making it easier to sort of just to say what you want bringing back the trumps and other very controversial figures who often have misleading statements. does that work with making it profitable as well? he's also taken on a lot of debt. we should mention. yeah, this is a real question, right? i open for who that's, that's the, that's the real question. the center of it. it, he opens it to a group of i think the idea is it's clear that his direction is towards a group of people who think in a certain way and that is not really openness. what we have to see is how much he,
6:50 pm
um, he clamped down on the other direction that he doesn't like under what guys we understand that freedom of expression is a way to support certain ideas. but it's also other, other excuses are there to are other voices. so i don't think they're very compatible. exactly. but they're all banners and rhetoric that might be used to give an appearance of some kind of freedom and the same time profit off. but while we've been talking a lot about twitter in the past few years, probably because of trump, i would imagine and then mosque as well. they're both very prominent there. are we overestimating its relevance? or is it still a very relevant platform when we look at its reach, we look at the people who are using it. oh, there. i think there, there might be a little bit of a generational divide in and the kind of quality of people who are using it. it's
6:51 pm
been a, it's, it's the main platform for news. but it's not you. so it's quite influential when journalists want to spread their news when they want kind of very, very quick pace reporting. so in that sense, it's really powerful and effective, but it's not the platform where everyone is at the moment, especially younger people need. they are going a little bit more to instagram and so forth, but there is a power there. if you have the same rather than people who are, who are, you know, the spring is texting instantly news than the power comes from there. and he has to maintain that in order to create the effect that he wants later on feature, all right, while as condo with tackle tack, thank you so much. thank you. let's go now to some of the other global business stories making headlines. the european union has agreed to ban the sale of new vehicles with combustion engines from 2035
6:52 pm
negotiators from the european parliament and the 27 members of the block. clenching the deal, the ban is part of the east climate change package cause called fit for $55.00 and effects. passenger vehicles and light commercial vehicles. volkswagen says it will invest $763000000.00 in mexico by 2025 to modernize its plant. in a state of puebla, the funds will go to building a new paint unit and add production of a new petrol powered vehicle. the german economy grew in the 3rd quarter despite the energy crisis, with gross domestic product rising by 3 tenths of a percent. for the full year forecast still predict growth for germany's gdp. thanks to increases in the 1st half of the year. but recession is expected for 2023 . the u. s. economy rebounded in the 3rd quarter growing at a 2.6 percent annual rate. stronger exports and consumer spending, as well as a healthy job market helped bolstered growth amid concerns of
6:53 pm
a possible recession. government spending also helped with the economy on staying in the u. s. the important mid term elections are approaching at a difficult time for many americans. they're facing record price hikes at the gas pump and at the grocery store, and some are struggling to pay their bills. the atlanta state farmers market is one of the most important fruit and vegetable distribution points into united states. atlanta has one of the highest inflation rates in the country, currently, almost 12 percent, and it's way known small business owners the wholesale cost of lettuce is $75.00 for a case, a year ago, probably 18 to $20.00 the case. everyone's got 8 every single day, so everybody has to just suck up and take it and pay the price. traders and truck drivers are suffering from the effects of high fuel prices, which have had no con effects on nearly every sector of the economy. where we go,
6:54 pm
we go to la, indiana, tennessee. we are out of state lines, and i just mainly the fuel aspects, everything as well. basically what the inflation is doing. everybody just a few prices. midterm elections around the corner on the 8th of november, waters will go to the bulk once with the burden of the skyrocketing inflation, which is making it difficult for many americans to make ends meet. was speaking of poles. brazilians returned to the ballot box this weekend in the runoff election between gyre boston aro, and louise and osceola the server. and both have characterized themselves as the champions of business and economic growth. it's the final stretch of the campaign and the front runner is visiting a full veil near rio de janeiro presidential candidate louis in as you let us zuba bruce, sense himself as a fighter for the poor and allah mouth, thousands, live near the poverty line in all of brazil it's millions i doubt that you will find anything this president has done for the alamo complex. i doubt that
6:55 pm
you will find anything he's done in her senior. i doubt that you will find anything good. he's done anywhere in this state because he only lies every single day with judah. for lulac follow us the 76 year old as a reminder of brazil's golden age. when he was president a decade ago. the economy was booming thanks to high oil income, and millions of brazilians climbed out of poverty for others. however, lula stands for corruption and nepotism. they few the current presidential scenario as the champion of open markets. the economy has proven resilient this year. forecast call for it to grow by 2.7 percent. but next year could be difficult. vanita family homeland liberty. we are brazilians, normal corruption in this country enough. our flag will never be read.
6:56 pm
the outcome of this weekend run of election will reverberate around the world rich in resources and with a huge agricultural sector. brazil is an important trading partner for others, especially in times of food and energy crisis. elsewhere. over to the u. k. the death of queen elizabeth the 2nd last month has brought plenty of change to britain, not least, new stamps and new money to be printed. with a portrait of the new monarch, the romance has now shown the 1st coins. it's the 1st time the familiar face of queen elizabeth is not thine. on british currency. his royal highness, king charles the 3rd now finds his way into wallets and cash registers across the empire. for many, it's the historic moment. so i went under 50 will only of ever think me to the 2nd, i think i think mythical moment today. well,
6:57 pm
if i knew more nations that the 1st coins bearing the king's portrait are worth 50 pence and will enter circulation before the end of the year. following and the traditions of his grandfather, charles is not depicted wearing a crown unlike his mother. his reminder, the top business story were falling for you. eli mosque has completed his take over of twitter, but his exact plans with the social media social media platform remain unclear. regulators bowed to watch closely at so for me and the dw business team check out us, check us out online. d w dot com slash business. i'm seeing beardsley thanks for watching . ah, with
6:58 pm
ah. 2 2 great architecture is something you feel in your bones. oh, architect the nation to rome once to turn houses and buildings into experiences aah on maricia is is building his dream. every max in 30 minutes on d. w. a tenderly controversial and yet to pillar of state and society. in many ways i think taxation is one of the most extreme actions by a government,
6:59 pm
but it's also the definition of government because without taxation that is no good . but what happens when the power of taxation is undermined? co pay won't to pay in 75 minutes on d, w o low and again, all the harvesters are immigrants go locust, a commander, everything you enjoy, eating at home with your family, was harvested by people who are being exploited. then i guess we're gonna need to, we can keep doing what we're doing for that. we need to be commit sustainable as possible. and that's why you're green revolutionaries. absolutely necessary. europe reveals the future is being determined. now, our documentary theories will show you how people, companies, and countries are rethinking everything and making major changes. i
7:00 pm
love, we don't do something. our children won't be able to enjoy fresh air. euro revealed, starts november 3rd on d, w. ah, this is, these are the needs live from berlin. the world's richest man takes control of twitter in on must promises to cut censorship, but stop spite firing top executives off on the program. us how speaker nancy, close his husband is attacked.
17 Views
Uploaded by TV Archive on